Consumer
-
China Slips Deeper into Deflation as Consumer Prices Fall
While the People’s Bank of China has introduced targeted easing measures, including rate cuts and liquidity injections, economists suggest broader fiscal stimulus may be necessary to revive demand and stabilize prices.
-
Ford Issues Major Recall for Brake Hose Defect
Ford Motor Co. has issued a recall for over 480,000 vehicles in North America due to a potentially dangerous brake fluid leak
-
Australia’s Inflation Surges on Electricity Shock
Australia’s consumer prices rose sharply in July, driven by a 13% spike in electricity costs, according to the Australian Bureau of Statistics
-
Trump Threatens 10% Tariffs on BRICS Amid Brazil Summit
Former U.S. President Donald Trump has proposed a baseline 10% tariff on all imports to the U.S
